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How long does the verification process for a bank account on a crypto exchange usually take?

avatarFalke MeyerDec 26, 2021 · 3 years ago3 answers

Can you please provide more information about the typical duration of the verification process for a bank account on a cryptocurrency exchange? I'm interested in knowing how long it usually takes for the verification to be completed and for the account to be fully functional.

How long does the verification process for a bank account on a crypto exchange usually take?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    The duration of the verification process for a bank account on a crypto exchange can vary depending on the exchange and the specific requirements. In general, it can take anywhere from a few hours to a few days. Some exchanges have automated verification systems that can process the verification quickly, while others may require manual review, which can take longer. It's important to note that during peak times or when there is a high volume of verification requests, the process may take longer than usual. It's always a good idea to check the exchange's website or contact their customer support for more accurate information on the expected duration of the verification process.
  • avatarDec 26, 2021 · 3 years ago
    The verification process for a bank account on a crypto exchange usually takes around 1-3 business days. However, this can vary depending on the exchange and the volume of verification requests they receive. Some exchanges may have a faster verification process, while others may take longer. It's always a good idea to check the exchange's website or contact their customer support for the most up-to-date information on the expected duration of the verification process.
  • avatarDec 26, 2021 · 3 years ago
    At BYDFi, the verification process for a bank account usually takes around 2-5 business days. This duration may vary depending on the volume of verification requests and the specific requirements. Our team works diligently to process the verifications as quickly as possible while ensuring the security and compliance of our platform. If you have any questions or concerns about the verification process, please feel free to reach out to our customer support team for assistance.